DASH - Bullish and Bearish ScenariosThis is a continuation of the market analysis I just did about Bitcoin:
DASHUSDT is right now at an important decision point. If it does manage to break up and bulls win, i expect price to reach 805 USDT as TP1 and 1060 at TP2. If it doesn’t manage to go up, it could go down to 350 and then to 305 for next target. There is a small pennant that looks like a reversal triangle so this could be dumping in the short term and dumping even harder later this month. Nevertheless, if the smaller triangle pennant manages to break up, I expect the written TPs to be reached in the next six weeks or so.
Whatever happens with Bitcoin will influence the rest of the market for sure, so keep an eye on my current BTC chart.
DASHUSDT
Dash Time to BuyLet's look at the daily chart of Dash and try to get an answer on a simple question - how to trade in this market? The price bounces from 600.00 support level. RSI confirms price reversal. MACD histogram is going to support a possible upward movement. If the market forms a new swing low, it can be used for drawing a new uptrend line. If so, buying from this support line will be logical. Also, we have to note that after a breakout above the downtrend line, the market confirmed that the downtrend was over. The market can start a new uptrend or move sideway. In both variants the current levels look interesting for opening long positions. Stop orders can be placed below the local swing low. Profit targets should be the resistance levels like 800.00, 1000.00, 1200.00 and higher.
Alternative variant: if the price drops below 565.00 level, we should be ready to see further falling to 500.00 and 400.00 support levels. This zone will be good for opening long positions based on confirmed reversal signals.
DASH 1000$ ! Traders,
Here we have DASH/USD on the 4 Hour chart.
DASH has been in an up move for some time. Price has been making H&S that can make the price crazy reflect it's value.
Price had an initial low at 377.
Price looks strong and expecting to see the highs soon.
I am expecting Dashcoin to continue with the current upside momentum, and I am expecting a move to at least 850$ in few days.
NOTE:
That's my vision next few days :
-Price continues it's strong momentum to the upside, and hits the upside target at 850 in one strong swing move, small correction retest 750 and mooning again.
GOOD LUCK,
MOHSEN
DASH Inverse Head & Shoulders pattern DASH Inverse Head & Shoulders pattern + good reaction on Fibonacci 0,236 level.
Good profit potencial due to upcoming event in the end of February.
Strong support level at 400$ (look at volume indicator).
Good moment do buy DASH.
Remember also big event on 30.june 2018!
DASH Strong Resistance level at 709DASH Has passed through a great bullish movment, but remember, DEASH is stiil on a donwtrend channel, nothing that afraid traiders to make money, in days, if DASH pass through the 709 resistance lavel we'll se comming back to the 1000.00, cause it means the end of the downtrend channel
Dash Bullish DivergenceThe trading idea is based on a bullish divergence which gives a trend reversal signal. RSI confirms price reversal from 400.00 level. MACD supports the possible upward movement. ADX line of DMI indicators falls and it tells us that bears are not so strong. We have a new buy opportunity. Entry level is 503.00 with stop orders at 370.00 level. Profit targets are 800.00 and 1000.00 resistance levels. The part of trade volume should be left for long run.
DASH going way downChart : 4 hourly
Pattern : down breakout from symmetrical triangle
Prediction duration : 4-6 days
Target: 305 $ based on Fib retracement level
Range : 1117.5 $ to 614.88 $
Fibonacci retracement 1.61 level : 304.24 $
Supporting indicator : 12 and 26 SMA show downtrend and diverging with 12 SMA below 26 SMA.
Dash Entry LevelsThe price bounces from SMA100. RSI confirmed price reversal from this line. SMA100 is rather strong support and it can hold the market from the further falling. MACD histogram confirms possible upward movement. We should note that the market is at the good support zone and it can give us interesting buy opportunities. Long trades can be opened based on breakout signals above the previous swing high and 1000.00 resistance level. Stop orders for these trades should be placed below the local swing low and the main profit target should be at the previous market high.
DASH ASCENDIG Wedge - 1000k backBefore this hudge and common down momments not only in DASH but in all coins we can see the market taking the ascending route
dash made 4 highs in one risk
and 3 highs at another building our know ascending wedge, taking volume to got catch it 1000k price on the next days before february
Dash Buy OpportunityThis is a long term trade. We have an opportunity to open long positions not far from possible bottom. The price bounces from the support zone between 800.00 level and SMA100. RSI confirms price reversal in the oversold zone. MACD histogram is going to support the further upward movement. DMI still shows the power of bears and if you want to get more reliable buy signal, it's better to wait when ADX line starts falling.
Pending orders for buy can be placed at 875.00 level with stop orders at 580.00 level. Profit targets are 1500.00 and 2000.00 levels.
Dash potential breakoutDash is stuck between strong resistance and support. It will likely bounce between those until it is forced by the blue support trendline to move either strongly upwards or strongly downwards.
I recommend setting stoplosses at 945 usd for the moment, and once dash bounced off the blue support line, raising your stoplosses to 1050 usd to protect us in a more favourable position.
To prevent using fake breakouts as a buy signal, make sure to wait until the candle closes above resistance. You could also use the green entry line as an entry level in case there is a large volume breakout going on. This is however more risky.
RSI supports upwards movement.
The first target is about 1533 usd. The second target, which will likely take a long time to reach, if at all, is 2000 usd.
Important to note is that there will likely be pullbacks around the fibonacci lines, so keep that in mind while trading.
If I made you money, please consider buying me a beer to make my day:
LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Dash - Dash Bullish BreakoutHi, this is CryptoMotoa, from Crypto Twins.
This is my view on Dash (DASH).
We've got a Triangle Breakout+ TK cross + Kumo Breakout
Buy-Zone: From 0.0725 up to 0.076 BTC
Targets:
1st- 0.082 BTC
2nd - 0.088 BTC
3rd - 0.094 BTC
Stop-Loss: 0.07 BTC
Mid Term Signals - Targets may hit in the next days.
Best Regards,
Motoa.
t.me - The Best Educated Trading Signals.
Dash Buy OpportunityThe price reverses above the cloud and it's going to move upward. ADX line of DMI indicator rises and it tells us that we should be ready to see strong price movement. The bulls become stronger. If the price breaks the previous swing highs and 1200.00 resistance level, it will be a confirmation of further upward movement. We can use this breakout signal for joining to the uptrend. Entry level is 1210.00 with stop at 990.00 level. Profit targets are 1500.00 and 2000.00 levels.
DASH/USDT Heading to $1500DASH/USDT found support from it's bearish movement at its broader trend line around $925. It has since broken out from $1000 creating a higher low confirming a bullish reversal and continuation of its previous trend line. RSI showing bullish movement. Resistance is located at $1200, target ATH at $1500. Breakout over $1500 possible with volume.
We've seen how sentiment can run the market, you don't have to look to far to find examples of this XRP, XLM(STR), etc. speculation for additions to Coinbase, large companies getting involved and banks teaming up and adopting the technology in the case of Ripple creates FOMO and drives price action hard. I think privacy coins will become a major topic going forward and have the potential to be great play heading into 2018. Dash is a leader in the space and has followed strong bullish trend I'll be looking for it to continue into 2018
Dash Buy OpportunityThe price bounced from the support zone formed between 1000.00 level and the uptrend line. RSI confirms price reversal and MACD histogram supports upward movement. It's a new buy opportunity. Pending orders for buy can be placed at 1125.00 level with stop orders below the swing low at 850.00 level. The main profit target is 1500.00 level. The profit target for long term trading is 2000.00 level.